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92 Arco RoadAsheville, NC 28805Price: $1,130,000

  • Price: $1,130,000
  • Est. Mortgage of $/month
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$
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Federal 30-year interest rate: 2.72% last updated on Nov 25, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CAR3593684
  • $1,130,000List Price
  • 5.67Acreage
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This 5.67 acre tract is a compilation of four tax parcels adjoining the Haw Creek Public Park, located between Arco Road and Avon Road in East Asheville. The property has access off of Arco Road (public paved street) and access off of a shared private gravel drive accessed off of Avon Road. This unique property, with RS4 zoning, can accommodate a single family home development up to 30 homes. The property has access to electric, gas, phone, and cable. There is a small creek running thru the middle of the property. The location is 5 minutes east of downtown Asheville. The property has a modest 3 bedroom older farm house along with a garage apartment that are both rented out (which add little value even though they are in good condition with solid tenants). There is an adjoining tax parcel comprised of .64 acres with a fixer upper house that can be purchased for an additional $150K Appointment only. No Drive-Bys.

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Listed by Bill Palas of Appalachian Realty Associates

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